The Wait for Spotify's AI Rollout Could be Worthwhile, Analysts Say
Dow Jones07-30
1236 ET - Spotify investors are still debating when the music-streaming platform will launch its AI add-on, Deutsche Bank analysts say. Expectations have shifted to 4Q from 3Q, as Spotify appears to be increasingly focused on rights agreements and artist participation. The analysts think Spotify would benefit from waiting to get more content from Warner Music or Sony to train its AI and expand its available roster. The analysts see such a collaboration as mutually beneficial to all three parties, if they were to get involved. They expect Warner Music and Spotify to potentially sign an AI deal in the next one to two quarters.
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